Build-A-Bear Workshop, Inc. (NYSE:BBW) to Issue Quarterly Dividend of $0.22

Key Points

• Build-A-Bear Workshop, Inc. declared a quarterly dividend of $0.22 per share, with shareholders of record set to receive it on October 9th, reflecting an annualized yield of 1.2%.
• The company reported a strong quarterly earnings result of $0.94 per share, surpassing analysts' expectations and indicating a solid revenue of $124.25 million.
• Analysts have raised price targets for Build-A-Bear stock significantly, with a recent average target of $68.00 and several ratings upgraded to "buy" or "strong-buy."

Build-A-Bear Workshop, Inc. (NYSE:BBW - Get Free Report) announced a quarterly dividend on Wednesday, September 10th, RTT News reports. Investors of record on Thursday, September 25th will be paid a dividend of 0.22 per share by the specialty retailer on Thursday, October 9th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date is Thursday, September 25th.

Build-A-Bear Workshop has a payout ratio of 20.6% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Build-A-Bear Workshop to earn $3.88 per share next year, which means the company should continue to be able to cover its $0.88 annual dividend with an expected future payout ratio of 22.7%.

Build-A-Bear Workshop Stock Down 0.8%

Shares of Build-A-Bear Workshop stock traded down $0.63 during mid-day trading on Monday, hitting $73.36. The stock had a trading volume of 125,147 shares, compared to its average volume of 287,713. The firm has a 50-day moving average of $56.13 and a two-hundred day moving average of $46.72. Build-A-Bear Workshop has a 12-month low of $30.47 and a 12-month high of $75.24. The firm has a market cap of $963.15 million, a P/E ratio of 16.47 and a beta of 0.72.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last posted its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.27. Build-A-Bear Workshop had a net margin of 11.34% and a return on equity of 41.14%. The business had revenue of $124.25 million during the quarter, compared to analysts' expectations of $116.19 million. During the same quarter in the prior year, the company posted $0.64 EPS. Sell-side analysts expect that Build-A-Bear Workshop will post 3.71 earnings per share for the current year.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.